Direxion Daily Small Cap Bull 3X Shares is trading higher in pre-market, up 3.4% from the prior close, reflecting a leveraged rebound in U.S. small caps following the Federal Reserve's latest policy decision.

  • The move tracks strength in Russell 2000 futures and a broader risk-on tone in equity markets as investors digest the Fed’s June 17 decision to hold rates steady.
  • The bounce in cyclicals and small caps follows yesterday’s post-Fed selloff, supported by the central bank's signal of a data-dependent policy path.